By Mary Jane Sterling
The fundamental table reference for each enterprise specialist or studentThis easy-to-understand source explains advanced mathematical techniques and formulation and provides transparent examples of ways they relate to real-world company events. that includes useful perform difficulties to assist readers hone their talents, it covers such key themes as operating with percents to calculate raises and reduces, utilizing uncomplicated algebra to unravel proportions, and utilizing simple data to research uncooked info. Readers also will locate suggestions for finance and payroll functions, together with studying monetary statements, calculating wages and commissions, and strategic wage making plans.
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Only 20 homes were sold during the first two months and then 30 more during the third month. The average change is different for the different months. Handling Basic Linear Equations When solving proportions for an unknown value, and when performing many mathematical computations involving measures, money, or time, you’ll likely find yourself working with an equation that has a variable in it. You solve for the value of the unknown by applying basic algebraic processes. These processes keep the integrity of the equation while they change its format so you can find the value of the unknown.
Also, the decimal equivalents of many fractions are easier to compare. For example, which is larger, 23⁄57 or 26⁄67? 388. Much easier to compare now, aren’t they? qxd 16 5/27/08 9:27 AM Page 16 Part I: Reviewing Basic Math for Business and Real Estate Transactions Changing a fraction to a decimal is pretty straightforward — you just divide until the division comes to a screeching halt or until you see a pattern repeating over and over. One or the other (ending or repeating) will always occur when you start with a fraction.
Rounding to the nearer digit The rule for rounding is that you choose how many decimal digits you want in your answer, and then you get rid of the excess digits after rounding up or down. Before discarding the excess digits, use the following steps: 1. Count the number of digits to be discarded, and think of the power of 10 that has as many zeros as digits to discard. 2. Use, as a comparison, half of that power of 10. For example, half of 10 is 5, half of 100 is 50, and so on. 3. Now consider the discarded digits.
Business Math For Dummies by Mary Jane Sterling